Sale of Commercial Space in Condado del Rey, Condado Mall

Condado Del Rey — Ph Del Rey

Price

$219,000

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Bathrooms

Area

980 sq.ft

MAINTENANCE

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YEAR BUILT

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PARKING

CONDITION

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Property Details

Property type: Commercial Space

Listing type: For Sale

Zone: Condado Del Rey

Building or Development: Ph Del Rey

ID: #159057

PRE ID: #69904

Description

INVESTMENT OPPORTUNITY – COMMERCIAL SPACE IN CONDADO MALL Commercial space for sale in P.H. Condado Mall, strategically located in the Condado del Rey area with excellent connectivity to major city routes. The property features 91.65 m², functional layout suitable for office, r…

INVESTMENT OPPORTUNITY – COMMERCIAL SPACE IN CONDADO MALL

Commercial space for sale in P.H. Condado Mall, strategically located in the Condado del Rey area with excellent connectivity to major city routes.

The property features 91.65 m², functional layout suitable for office, retail, or service businesses, and includes 1 parking space, office, kitchenette, restroom, and utility room.

Sale Price: $219,000

Appraisal Value: $275,000

Difference vs. Appraisal: $56,000

HOA Maintenance: $229.13 monthly

Area: 91.65 m² (approximately 92 m²)

Price per m²: approximately $2,390

Mortgage-Free

The appraisal establishes a market value of $275,000 against the current sale price of $219,000. This represents a sale price approximately 20% below the appraised value.

Additionally, the report confirms the property is free of mortgage liens.

An excellent alternative for investors, professionals, or companies seeking to acquire a commercial asset at an attractive price in an established area of Panama City.

Price: $219,000